Kimco Realty Corp (NYSE:KIM) shares traded 1.39% up during most recent session to reach at the closing price of $16.73. The stock exchanged hands 3.95 Million shares versus average trading capacity of 4.21 Million shares, yielding a market cap of $7.03 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $16.53 within the next 52-weeks. The mean target projections are based on 19 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Kimco Realty Corp (NYSE:KIM) high price target of $21 and with a conservative view have low price target of $13.
Morgan Stanley “Downgrades” Kimco Realty Corp (NYSE:KIM) in a research note issued to investors on 3/27/18 to Underweight.
Additionally on 3/19/18 Deutsche Bank “Maintained” Kimco Realty Corp (NYSE:KIM) to Hold setting price target at $20 and on 3/05/18 Evercore ISI Group “Downgrades” the stock to Underperform. Furthermore on 2/27/18 Citigroup “Maintained” the stock to Neutral at $16.5.
On the other hand the company has Relative Strength Index (RSI 14) of 80.47 along with Average True Range (ATR 14) of 0.35, Consequently Kimco Realty Corp (NYSE:KIM)’s weekly and monthly volatility is 2.42%, 2.43% respectively. The company’s beta value is at 0.51.
In terms of Buy, Sell or Hold recommendations, Kimco Realty Corp (NYSE:KIM) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Kimco Realty Corp (NYSE:KIM)’s minimum EPS for the current quarter is at $0.13 and can go high up to $0.29. The consensus mean EPS for the current quarter is at $0.18 derived from a total of 5 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.31 earnings per share for the same quarter during last year.
Previously Kimco Realty Corp (NYSE:KIM) reported $0.3 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.15. The company posted an earnings surprise of 100%.
Kimco Realty Corp (NYSE:KIM)’s revenue estimates for the current quarter are $293.69 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $299.56 Million in contradiction of low revenue estimates of $287.35 Million. For the current year the company’s revenue estimates are $1.17 Billion compared to low analyst estimates of $1.13 Billion and high estimates of $1.2 Billion according to 12 number of analysts.
Currently Kimco Realty Corp (NYSE:KIM)’s shares owned by insiders are 2.7%, whereas shares owned by institutional owners are 90.3%. However the six-month change in the insider ownership was recorded 0.11%, as well as three-month change in the institutional ownership was recorded -2%.
Kimco Realty Corp (NYSE:KIM)’s trailing twelve month revenues are $1.21 Billion, whereas its price to sales ratio for the same period is 5.81. Its book value per share for the most recent quarter is $12.81 while its price to book ratio for the same period is 1.31, as for as the company’s cash per share for the most recent quarter is $0.52, however its price to cash per share ratio for the same period is 32.23. The stock has 5 year expected PEG ratio of 5.39 whereas its trailing twelve month P/E ratio is 24.79.